Hughes Insurance Northern Ireland

How much i should pay to cancel car insurance?

Question: Hello, i bought car insurance in one of the most popular Northern Ireland car insurance company a month ago. I didn't have UK licenses yet, so the price was very high.The car was Citroen Saxo 1.1l. I sold it and i want to insure a new car but when i quote on that company then i get a very displeasing result and with my financial situation i wont be able to pay it. Other company would Give a look at my insurance details for a Citroen Saxo East Coast 1.1l Anual premium is £ 1512.40 Insurance Premium Tax @ 5.00 % £ 75.62 Home & roadside assistance and Legal expenses Insurance £25.00 Hughes Insurance Admin £15.00 Total Annual Cost £1628.02 Total amount payable is £1790.82 And the policy says " If you want to cancel the Policy after the 14-day period you must send written notice and return your Certificate of Insurance to Hughes Insurance. We will apply a pro rata charge for the period we were on cover subject to a minimum premium of £25 (plus insurance premium tax). If there has been a claim paid during the current period of insurance or a claim is outstanding there will be no refund of premium." I have no claims, i only had this insurance for a month. And as non native english speaker i don't really get the idea how much should i pay for cancellation and what kind of consequence could bother me.

Answer: You will pay £134.42 for the month, if it is an exact month. If it is a few days less or more the difference will be about £4.53 a day